$485,000

For sale

#Ph2612 225 Sackville Street, Toronto (Regent Park) - Single Family for Sale

#Ph2612 225 Sackville Street, Toronto (Regent Park), Ontario, M5A0B9

1 bed1 bath1 parking550 ft²$591/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $485,000, it is attractively priced about 13% below the $558,888 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 86 days.

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Description

Rare Top-Floor Penthouse Value in Downtown Toronto! Soaring 26 stories above the city, this sleek ~600 sq ft penthouse suite delivers premier top-floor living, included parking, and an incredible sub-$500K price point. Designed for modern living, the bright, open layout features soaring penthouse ceilings and an expansive main living zone that seamlessly incorporates a true home office space. Step out to your private balcony for breathtaking city views. The chef-inspired kitchen boasts stainless steel appliances, stone countertops, and a functional center island perfect for entertaining. Enjoy a serene primary bedroom retreat with generous storage, a stylish 4-piece bath, and convenient in-suite laundry. Unbeatable Paintbox Amenities: 24-hr concierge, full fitness centre, media/party rooms, an incredible rooftop terrace with BBQs, and a ground-level cafe. Prime Downtown Location: Steps to the 505 Dundas streetcar, Daniels Spectrum, Regent Park's 6-acre green space, the Aquatic Centre, and dog parks. Minutes to the Distillery District, St. Lawrence Market, Eaton Centre, and King East dining! (id:66096)

Property Details

MLS®: C14101216
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $591/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,405.53/yr
Listed: 16 days ago

Rooms

Flat

Living room: 4.88 x 3.05 meters
Dining room: 4.88 x 3.05 meters
Kitchen: 4.72 x 2.57 meters
Primary Bedroom: 3.18 x 2.87 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$883

List price

$485K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Regent Park) has been listed for 16 days, which is 70 days fresher than the city average of 86. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE - SAMAD HOMES REALTY · OMAR ABDEL SAMAD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $485,000, about 6.8× the local median household income of $71,000.

Carrying it typically needs a household income of about $94,737 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$485,000· $883/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,250

Min 5%50%

Mortgage payment$2,554/mo

↳ CMHC premium ($18,430 capitalized)

Property tax (est.)$200/mo

Condo fee$591/mo

Total monthly$3,346

Cash Needed to Close

Down payment (5%)$24,250

Land transfer tax$12,350

Est. closing costs$3,955

Total cash needed$40,555

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